Walmart Earnings Accelerate, But WMT Stock Sinks To A 2026 Low

Walmart reported fiscal-year revenue of $713.2B, an increase of 4.7% year over year, alongside diluted EPS of $2.73 and a 3.1% net margin, according to SEC EDGAR enrichment. Yahoo Finance reported that earnings growth accelerated, but the shares nevertheless fell to a 2026 low on August 20, 2026.

The named company is Walmart (WMT); the immediate mechanism is the market discounting the earnings result despite the reported revenue growth. The decline indicates that the result did not resolve the expectations embedded in the stock, although the available information does not identify whether the pressure came from guidance, margins, valuation, or positioning.

The next useful evidence is the company's forward outlook and the detail behind the 3.1% net margin. The reaction also leaves open whether the low reflects a temporary earnings reset or a more durable disagreement over Walmart's growth and profitability trajectory.